Three Chinese firms ride Hong Kong listing wave with $1.7 bln offerings

RoboTechnik Intelligent Technology SZSE:300757, Shenzhen Kinwong Electronic SSE:603228 and Red Avenue New Materials SSE:603650 priced their Hong Kong share offerings on Friday, aiming to raise a combined HK$13.27 billion ($1.69 billion), as mainland Chinese companies increasingly turn to the city f…